UK union Unite confirms that its members covered by the Offshore Contractors Association agreement are to be balloted on industrial action.
Source: OffshoreStrike Action Ballot Confirmed by UK Union
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“The market is starting to realize that strong global demand and the lack of spare production capacity is going to lead to one of the tightest markets we’ve seen in a long time,” said one analyst.
Source: OffshoreWTI, Brent Gain at Cusp of Tight Market
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